Fundraising For A Humanitarian Startup? Show VCs The Money
A noticeable fraction of the thousands of startups I have looked at in the last seven years have made attacking a societal evil (e.g., hunger, homelessness, etc) a key part of why they exist. This is extremely laudable from a moral perspective. We should thank those people for their big hearts and open minds.
However, when trying to secure a venture investment to fund such an endeavor, these startups often fail to include an absolutely necessary section in the pitch deck: How is this investment going to make a bleeping lot of money for its institutional investors?
Read full article: , January 13, 2017
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